The eight cheapest homes you can buy now with a deposit of just £3,000
PROSPECTIVE buyers will know that trying to get on the property ladder is no easy feat.
House prices have been on the rise, with the average buyer paying around £300k to make their dream of home ownership come true.
To make matters worse upcoming changes to stamp duty, means hopeful homeowners could end up forking out more than they had a few years ago.
Extra stamp duty relief available to first-time buyers since 2022 will end in April 2025.
As a result, a first-time buyer purchasing a property valued at £425,000 will incur a stamp duty charge of £6,250.
But all hope is not lost, some areas in the UK are still home to properties which are priced well below the national average.
Take a look at the cheapest houses across Britain.
Two-bed terrace in Hartlepool – £30,000
This property comes with two bedrooms, one bathroom, a reception room, and a kitchen.
The terrace house is advertised for £30,000 on property website Zoopla.
It is located just a short walk from a number of primary schools and just a mile away from Hartlepool train station.
You might be able to get a mortgage for this house with a 10% deposit of just £3,000.
If you got accepted for a 25-year loan with 5% interest, you would be expected to pay back £157 per month.
Two-bed terrace – £34,950 Durham
This two bed terrace comes with a bathroom and reception.
It is on the market for £34,950, making it around £265,050 less than the average property on the market.
This home would require a bit of work to bring it up to standards but that is always worth factoring in when looking at an affordable property.
You might be able to get a mortgage for this house with a 10% deposit of just £3,495.
If you got accepted for a 25-year loan with 5% interest, you would be expected to pay back £183 per month.
Two-bed terrace – £35,000 Hartlepool
This bargain find is also located in Hartlepool and comes with a reception room, bathroom and two bedrooms.
It is on the market for £35,000 and has been on the market since July 2024.
It is a short distance from a number of schools, including Dyke House Sports and Technology College, which has received an Outstanding rating from Ofsted.
You might be able to get a mortgage for this house with a 10% deposit of just £3,500.
If you got accepted for a 25-year loan with 5% interest, you would be expected to pay back £184 per month.
One-bed terrace – £37,950 Durham
This property is located in the town of Tow Law in Durham, which is 9.6 miles away from Durham train station.
This property is on the market for £37,950 and has been listed for sale since October 2024.
It comes with just one bedroom and is a short drive from a number of primary schools.
You might be able to get a mortgage for this house with a 10% deposit of just £3,794.
If you got accepted for a 25-year loan with 5% interest, you would be expected to pay back £199 per month.
Two-bed terrace – £39,999 South Yorkshire
This two bed terrace in Mexborough South Yorkshire is back on the market for the first time in 20 years.
It was listed for £40,000 in November 2024, with the seller knocking just £1 off the price that same month.
It comes with two bedrooms and looks like it requires a bit of a revamp before it is suitable for a family or individual to move in.
You might be able to get a mortgage for this house with a 10% deposit of just £4,000
If you got accepted for a 25-year loan with 5% interest, you would be expected to pay back £210 per month.
Two bed home – £42,000 Durham
This two-bed home in the market town of Chester-le-Street in County Durham has been available to buy since 2023.
The seller has knocked £7,000 off the asking price, bringing it to £42,950.
You could get a mortgage on this house with a 10% deposit of just £4,295.
If you got accepted for a 25-year loan with 5% interest, you would be expected to pay back £225 per month.
Four-bed end terrace house – £45,000 Campbelltown
This four-bed end-of-terrace house in Campbelltown, Argyll and Bute, Scotland is on the market for £45,000.
Pictures show this property to be dishevelled, so you would have to be prepared to put in some work to bring it back to life.
It has four bedrooms and a bathroom and walking distance from the town centre.
You could get a mortgage on this house with a 10% deposit of just £4,500
If you got accepted for a 25-year loan with 5% interest, you would be expected to pay back £236 per month.
Two-bed terrace house – £39,950 Hartlepool
This property comes with two bedrooms and is just a short walk from Hartlepool town centre.
It is just a 0.4 mile drive from Hartlepool train station, which would be ideal for commuters looking to get to Newcastle city centre or Sunderland.
You could get a mortgage on this house with a 10% deposit of just £3,995.
If you got accepted for a 25-year loan with 5% interest, you would be expected to pay back £210 per month.
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